{"url":"https://etfiq.com/compare/themes/kmca-vs-nrsh","section":"compare","title":"KMCA vs NRSH: Holdings Overlap & Returns | ETFIQ","description":"0.0% of KMCA and 55.4% of NRSH is already in the S&P 500 by weight, as filed, and 0% of the two books are the same names at the same weight.","as_of":"Nov 4, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Do KMCA and NRSH hold the same stocks?","acceptedAnswer":{"@type":"Answer","text":"By their latest filings, 0% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share."}},{"@type":"Question","name":"Which is more different from the S&P 500, KMCA or NRSH?","acceptedAnswer":{"@type":"Answer","text":"KMCA has 0% of its weight in S&P 500 names and NRSH has 55%, so KMCA differs more from the index."}},{"@type":"Question","name":"Which is cheaper, KMCA or NRSH?","acceptedAnswer":{"@type":"Answer","text":"KMCA charges 0.65% a year and NRSH charges 0.76%, so KMCA is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Thematic ETFs","item":"https://etfiq.com/themes/"},{"@type":"ListItem","position":3,"name":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":4,"name":"KMCA vs NRSH","item":"https://etfiq.com/compare/themes/kmca-vs-nrsh"}]},{"@type":"WebPage","name":"KMCA vs NRSH: Holdings Overlap & Returns","description":"0.0% of KMCA and 55.4% of NRSH is already in the S&P 500 by weight, as filed, and 0% of the two books are the same names at the same weight.","url":"https://etfiq.com/compare/themes/kmca-vs-nrsh","dateModified":"2026-11-04","abstract":"KMCA and NRSH hold 0% of their weight in the same names.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of KMCA and NRSH","description":"0.0% of KMCA and 55.4% of NRSH is already in the S&P 500 by weight, as filed, and 0% of the two books are the same names at the same weight.","dateModified":"2026-11-04","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/themes/kmca-vs-nrsh","license":"https://etfiq.com/license/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/thematic.json"}],"variableMeasured":["Weight overlap with the S&P 500","Active share","Holdings","Top ten share of the fund","Total return","Fee for the differing part","Expense ratio"],"keywords":["exchange-traded funds","ETF","Thematic ETFs","fund data","SEC filings"]}],"characters":6748,"truncated":true,"content":"ETFIQ / Thematic ETFs / Compare ETFs / KMCA vs NRSH \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Nov 4, 2026 .\n\n KMCA vs NRSH: Holdings Overlap & Returns\n\n KMCA and NRSH hold 0% of their weight in the same names.\n Copy this for sharing \n \n KMCA costs 0.11 points a year less.\n KMCA and NRSH at a glance. As of Nov 4, 2026. Source: ETFIQ. KMCA NRSH \n Expense ratio 0.65% 0.76% \n Net assets, KMCA as of Aug 31, 2026 and NRSH as of Jul 31, 2026 $7.3m $30m \n Total return, 1 year not published +19.1% \n What it tracks Reshoring and manufacturing Reshoring and manufacturing \n Holdings in common","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, KMCA against NRSH, data as of Nov 4, 2026. https://etfiq.com/compare/themes/kmca-vs-nrsh","a":{"ticker":"KMCA","name":"PLUS Korea Manufacturing Core Alliance Index ETF","issuer":"PLUS","desk":"themes","as_of":"2026-11-04","verdict":"From its May 7, 2026 launch to Nov 4, 2026, KMCA lost 28.3%.","url":"https://etfiq.com/funds/kmca","key_facts":[{"label":"Already in the S&P 500","value":"0.0%","as_of":"2026-08-31","source":"its SEC filing (Form N-PORT)"},{"label":"Active share vs the S&P 500","value":"100.0%","as_of":"2026-08-31","source":"ETFIQ"},{"label":"Top ten holdings","value":"46.3%","as_of":"2026-08-31","source":"its SEC filing (Form N-PORT)"},{"label":"Total return, since launch","value":"\u221228.3%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Net assets","value":"$7.3m","as_of":"2026-08-31","source":"SEC filing, whole fund, as filed for Aug 31, 2026"},{"label":"Expense ratio","value":"0.65%","as_of":"2026-04-27","source":"485BPOS XBRL, Apr 27, 2026"}]},"b":{"ticker":"NRSH","name":"Aztlan North America Nearshoring Stock Selection ETF","issuer":"Aztlan","desk":"themes","as_of":"2026-11-04","verdict":"Over the year to Nov 4, 2026, NRSH returned 19.1%, against 14.8% for VOO.","url":"https://etfiq.com/funds/nrsh","key_facts":[{"label":"Already in the S&P 500","value":"55.4%","as_of":"2026-07-31","source":"its SEC filing (Form N-PORT)"},{"label":"Active share vs the S&P 500","value":"88.6%","as_of":"2026-07-31","source":"ETFIQ"},{"label":"Top ten holdings","value":"39.4%","as_of":"2026-07-31","source":"its SEC filing (Form N-PORT)"},{"label":"Total return, 1 year","value":"+19.1%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"12-month yield, capital gains included, on its starting price","value":"0.4%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices and distributions"},{"label":"Last payment (paid annually), ex-date Dec 24, 2025","value":"$0.0959","as_of":"2025-12-24","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$30m","as_of":"2026-07-31","source":"SEC filing, whole fund, as filed for Jul 31, 2026"},{"label":"Expense ratio","value":"0.76%","as_of":"2025-11-24","source":"485BPOS XBRL, Nov 24, 2025"}]},"overlap_pct":0,"full_text_at":"https://etfiq.com/compare/themes/kmca-vs-nrsh"}